HP Inc (NYSE: HPQ) is -32.28% lower on its value in year-to-date trading and has touched a low of $21.21 and a high of $39.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HPQ stock was last observed hovering at around $23.91 in the last trading session, with the day’s loss setting it -14.42%.
Currently trading at $9.49M, the stock is -1.91% and -4.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.64 million and changing 7637838% at the moment leaves the stock -22.14% off its SMA200. HPQ registered -24.79% loss for a year compared to 6-month loss of -24.47%. The firm has a 50-day simple moving average (SMA 50) of $25.7402 and a 200-day simple moving average (SMA200) of $31.51865.
The stock witnessed a -13.89% gain in the last 1 month and extending the period to 3 months gives it a -15.38%, and is 0.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.58% over the week and 2.70% over the month.
HP Inc (HPQ) has around 58000 employees, a market worth around $23.05B and $53.89B in sales. Current P/E ratio is 9.46 and Fwd P/E is 7.20. Profit margin for the company is 4.67%. Distance from 52-week low is 15.70% and -38.33% from its 52-week high. The company has generated returns on investments over the last 12 months (28.66%).
The EPS is expected to shrink by -7.87% this year.
HP Inc (HPQ) Top Institutional Holders
1609.0 institutions hold shares in HP Inc (HPQ), with institutional investors hold 82.73% of the company’s shares. The shares outstanding are 942.21M, and float is at 936.82M with Short Float at 3.92%. Institutions hold 82.55% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 120.62 million shares valued at $4.22 billion. The investor’s holdings represent 12.3209% of the HPQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 104.65 million shares valued at $3.66 billion to account for 10.6891 of the shares outstanding. The other top investors are STATE STREET CORP which holds 47.88 million shares representing 4.8905% and valued at over $1.69 billion, while DODGE & COX holds 3.5851 of the shares totaling 35.1 million with a market value of $1.23 billion.
HP Inc (HPQ) Insider Activity
HP Inc disclosed in a document filed with the SEC on Mar 27 ’25 that Olson Anneliese (Pres Imaging Prtng & Solutions) sold a total of 21,545 shares of the company’s common stock. The trade occurred on Mar 27 ’25 and was made at $28.49 per share for $0.61 million. Following the transaction, the insider now directly holds 169.0 shares of the HPQ stock.